BHP is a long term winner.
NXS - echuca shoals could potentially be worth $3/share to them. I know a broker from Citigroup who rates them, recommended them to a client, a good mate of mine when they were 53c. Probably one of the best junior oilers.
I personally wouldn't hesitate to put 90% of my eggs on NXS. Will be a long term winner for sure. Upside of echuca is massive. I will be buying more of these as soon as I take some profits from ADI in a couple months or so.
Buying shares totalling $500-1500 is a bit of a waste of time if you ask me. My opinion is min $3k otherwise brokerage and dicking around isn't worth it.
I believe i have made a few errors. but still learning.
I only bought BHP a core stock a few months ago.
I could easily offload ERO, COE, RCO, and not be out of pocket.
But i think they could be winners, so i would like to stick with them. All though when you see all the other stocks going up and mine just being prett flat, can be worrying if the market turns south...
I would hang onto COE until they drill in indonesia next year. If nothing shows up they still have good fundamentals and you shouldn't loose to much on them if any. On the other hand if you sold now and they hit paydirt you could miss out on upward of $3 per share. Its a risk but its calculated.
From what i have read, they are are cashed up, and they have just spent a alot of time on maintence, and repairing equipment. They are due to expand internationally as you said. No exploration success is factored into their share price.
I think with the management the have got, they will do very well.